【Old Leek Watch】 $FET
FET is worth taking another look at in this rally. It rose 12% on October 4 alone, and trading volume today has already exceeded $200 million.
More importantly, look at the price structure: in mid-September, FET was still at $0.15–$0.18; now it has surged to around $0.26. This isn't just a sudden spike on a single candlestick—money has been flowing into the AI sector for several days in a row. If it can hold above $0.245 after a pullback, while volume picks up again, the AI theme may have another leg to run.
On the other hand, if it breaks below $0.225, treat this rally as short-term capital rotation for now.
Wait for a pullback to $0.245–$0.255.
Entry: $0.245–$0.255
Take profit: $0.275 / $0.300 / $0.330 / $0.370 / $0.420
Stop loss: $0.225
If it can hold above $0.245 after a pullback, while volume picks up again, the AI theme may have another leg to run.
On the other hand, if it breaks below $0.225, treat this rally as short-term capital rotation for now.
FET is worth taking another look at in this rally. It rose 12% on October 4 alone, and trading volume today has already exceeded $200 million.
More importantly, look at the price structure: in mid-September, FET was still at $0.15–$0.18; now it has surged to around $0.26. This isn't just a sudden spike on a single candlestick—money has been flowing into the AI sector for several days in a row. If it can hold above $0.245 after a pullback, while volume picks up again, the AI theme may have another leg to run.
On the other hand, if it breaks below $0.225, treat this rally as short-term capital rotation for now.
Wait for a pullback to $0.245–$0.255.
Entry: $0.245–$0.255
Take profit: $0.275 / $0.300 / $0.330 / $0.370 / $0.420
Stop loss: $0.225
If it can hold above $0.245 after a pullback, while volume picks up again, the AI theme may have another leg to run.
On the other hand, if it breaks below $0.225, treat this rally as short-term capital rotation for now.